340 125Th StNorth Miami, FL 33161
- Residential income properties
Property Details for 340 125Th St
- Year built
- 1927
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
Exceptional investment opportunity awaits in North Miami, Florida. This multifamily property, located at 340 NE 125th St, 33161, consists of four units spread across two structures on a 3,289 square foot lot. The property includes a charming single-story residence and a substantial two-story building containing three efficiency units. Both structures boast new roofs installed in 2016. The single-family home offers comfortable living spaces, abundant natural light, central air conditioning, and hardwood flooring. The three efficiency units in the two-story building have been beautifully remodeled. This property is situated in a promising redevelopment area of North Miami, within Miami-Dade County, and offers a cap rate exceeding 5%. Built in 1927, this two-story building presents significant development potential, making it an attractive investment for those seeking strong returns in a rapidly growing market. The property is a compelling blend of established income and future upside, offering a rare opportunity to acquire a well-maintained multifamily asset with substantial growth potential. This is a four-unit apartment building, ideal for both seasoned investors and those seeking to enter the multifamily market.
Location Insight
- City
- North Miami
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.8898
- Longitude
- -80.1916
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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